Change in Mortgage Amount

[world9892]

What is the name of your state? Nebraska

Once a mortgage is granted, is there any liability on the part of the bank, if a year later they discovered they miscalculated the monthly payment amount?

 

[racer72]

If the error was in the bank's favor, would you not want it corrected? Of course. It works both ways.

 

[HomeGuru]

What is the name of your state? Nebraska

Once a mortgage is granted, is there any liability on the part of the bank, if a year later they discovered they miscalculated the monthly payment amount?

**A: no and if you had read your mortgage docs, you would have seen the answer.

 

[world9892]

Mortgage change

Thank you for your gracious reply.